Swing Trading Vs. Position Trading - Matt Petrallia CMT

02/14/24 • 91 min

📘 Get your FREE 115-page Ultimate Trading Guide: https://links.traderlion.com/UTG-TOP Matt Petrallia CMT is a professional trader with more than 20 years of experience blending both swing trading and position trading strategies. While some traders supersize positions on volatile stocks to try to earn super performance Matt is more focused on staying mentally balanced while his account climbs higher. In this video Matt discusses his approach the pros and cons to both swing and position trading along with his guidelines for each. Matt will always determine which category a trade fits in before he makes it. This way he always knows which set of rules to follow which in turn reduces the mental stress of trading. Swing Trading: - Catching short to medium term 'swings' in price - Compound account quickly; high turnover - Duration: 1 day to 2 weeks (market dependent) - Trading time frame: daily charts - Expectation: Ideally 3-5R Position Trading: - Catching medium to long term price trends - Requires sitting through pullbacks / earnings reports - Focus on weekly charts - fine tune with daily - Requires some knowledge of fundamentals - Lasts anywhere between one week to many months or even 1+ years - Larger R Multiple return is possible but comes with opportunity cost. He concludes by encouraging viewers to embrace failure and use it as a learning tool stating that traders who rush the process of attaining trading knowledge are more likely to fail. Matt stresses to always be in trade alignment: Time Frame, Duration, and Expectation. Follow Matt Petrallia on Twitter/X: https://twitter.com/theEquilibrium Learn directly from Matt: https://www.tradingequilibrium.com/ Enjoy! - The TraderLion Team ----------------------------------------------------------------------------------------------------------------------- Next-Generation Stock Screener: https://links.traderlion.com/Deepvue ----------------------------------------------------------------------------------------------------------------------- Stay in touch: Follow us on Twitter: https://www.twitter.com/TraderLion_ Timestamps: 00:00 - Introducing Matt Petrallia 02:37 - Trade Alignment 11:20 - Creating Expectations 18:36 - Personalizing Trading System 26:14 - Swing Trading Rules & Expectations 32:45 - Paying Yourself on Winners 36:35 - Position Trading Rules & Expectations 40:41 - Position Trade Management 48:00 - 2023 Trading Results & Examples 53:26 - PLTR & PTX Trade Example 1:00:09 - SPOT, DKNG, NVDA Trade Examples 1:11:36 - AMD Deep Dive (Swing Trade) 1:27:43 - Closing Trading Advice

Previous Episode

$1,000,000 TQQQ Swing Trading Strategy | Vibha Jha

📘 Get your FREE 115-page Ultimate Trading Guide: https://links.traderlion.com/UTG-TOP In 2023 Vibha Jha finished 2nd in the Money Manager Division ($1 Million minimum) with an outstanding return of 70%. She also finished in 2nd place in the 2021 competition with a 100% return.

In this video Vibha discusses her approach to find the companies that have the highest probability to become true market leaders. Since her typical holding period is over a year she puts larger emphasis on her strict fundamental requirements.

Vibha also uses a unique TQQQ trading strategy that she uses to initially enter the market after corrections. After she builds a profit in her TQQQ position she will start identifying the top companies to purchase by scaling out of her TQQQ trade.

Later in the video Vibha reviews her AFRM trade in 2021. She shares her full process in this trade including how it landed on her watchlist, her entry tactics, why she sold into strength, and much more.

She concludes by encouraging viewers to embrace failure and use it as a learning tool stating that traders who rush the process of attaining trading knowledge are more likely to fail.

Follow Vibha Jha on Twitter/X: https://twitter.com/vibhajhatrader

US Investment Championship Results 2023: https://financial-competitions.com/

Enjoy! - The TraderLion Team ----------------------------------------------------------------------------------------------------------------------- Next-Generation Stock Screener: https://links.traderlion.com/Deepvue ----------------------------------------------------------------------------------------------------------------------- Stay in touch: Follow us on Twitter: https://www.twitter.com/TraderLion_

Next Episode

24 Year Old Trading Champion Shares Million Dollar Strategy +129%

📘 Get your FREE 115-page Ultimate Trading Guide: https://links.traderlion.com/UTG-TOP In 2023 Tanmay Khandelwal of TwoX Capital Management blew out the competition in the Money Manger Division ($1M+) of the US Investing Championship with a return of 129%! In this video Tanmay discusses his approach to find the companies that have the highest probability to become true market leaders in the Indian markets. Since his typical holding period is over 5 months he puts larger emphasis on her strict fundamental requirements. Tanmay explains why he believes the Indian markets are the best to invest in with the current economic and industrial improvements recently. A massive addressable market with less market participants allow for those investors that put in the work truly understanding the businesses they invest in to out perform. Tanmay and his brother Aryan have put together the B.E.S.T. trading strategy (Big, Earnings, Strength, and Trustworthy Management) that he covers in great detail later on in the video. He concludes by encouraging viewers to embrace failure and use it as a learning tool stating that traders who rush the process of attaining trading knowledge are more likely to fail. US Investment Championship Results 2023: https://financial-competitions.com/ Follow Tanmay on Twitter/X: https://twitter.com/twoxcapital Get in touch with Tanmay Khandelwal: Tanmay's Email: [email protected] Aryan's Email: [email protected] Phone Number: +91-9584469190 Website: www.twoxcapital.com Enjoy! - The TraderLion Team ----------------------------------------------------------------------------------------------------------------------- Next-Generation Stock Screener: https://links.traderlion.com/Deepvue ----------------------------------------------------------------------------------------------------------------------- Stay in touch: Follow us on Twitter: https://www.twitter.com/TraderLion_ Learn from our Trading Masterclasses: https://traderlion.com/university/ TL Trading Academy: https://academy.traderlion.com/ Timestamps: 00:00 - Introducing Tanmay 04:12 - The Start of TwoXCapital 15:38 - Lessons Learned Early On 19:14 - B.E.S.T. Investing Strategy 27:55 - TwoXCapital Mission 31:47 - 2023 Results by Month 32:58 - Important Investing Principles 37:43 - Portfolio Statistics 48:57 - Trade Example - Rategain 56:36 - Selling Rules to Mange Risk 1:08:20 - 2023 Winning Trade (Zomato, Dreamfolks, Ethos) 1:33:00 - Losing Trades (Delhivery, Stovekraft, GMM Pfaudler) 1:58:00 - Current Trades (Fusion, Rategain, LIC Housing, Spandana Spoorthy) 2:06:30 - Investment Identification 2:24:43 - Final Advice to Traders & Investors 2:31:40 - How to Contact Tanmay